Mesa Royalty Trust (Mesa Royalty Trust) Dividend Payout Ratio : 0.86 (As of Dec. 2023)

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What is Mesa Royalty Trust Dividend Payout Ratio?

Mesa Royalty Trust's dividend payout ratio for the months ended in Dec. 2023 was 0.86.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Mesa Royalty Trust is 0.97, which seems too high.

The historical rank and industry rank for Mesa Royalty Trust's Dividend Payout Ratio or its related term are showing as below:

MTR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.96 Med: 1 Max: 1.06
Current: 0.97

During the past 13 years, the highest Dividend Payout Ratio of Mesa Royalty Trust was 1.06. The lowest was 0.96. And the median was 1.00.

MTR's Dividend Payout Ratio is ranked worse than
78.49% of 451 companies
in the Oil & Gas industry
Industry Median: 0.44 vs MTR: 0.97

As of today (2024-04-26), the Dividend Yield % of Mesa Royalty Trust is 12.66%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Mesa Royalty Trust was 24.72%. The lowest was 2.25%. And the median was 9.55%.

Mesa Royalty Trust's Dividends per Share for the months ended in Dec. 2023 was $0.12.

During the past 12 months, Mesa Royalty Trust's average Dividends Per Share Growth Rate was -22.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 72.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -7.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mesa Royalty Trust was 72.10% per year. The lowest was -42.20% per year. And the median was 2.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Mesa Royalty Trust Dividend Payout Ratio Historical Data

The historical data trend for Mesa Royalty Trust's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mesa Royalty Trust Dividend Payout Ratio Chart

Mesa Royalty Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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1.04

0.96

1.04

0.97

Mesa Royalty Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.99	0.95	1.01	0.93	0.86

Competitive Comparison of Mesa Royalty Trust's Dividend Payout Ratio

For the Oil & Gas E&P subindustry, Mesa Royalty Trust's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mesa Royalty Trust's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mesa Royalty Trust's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Mesa Royalty Trust's Dividend Payout Ratio falls into.

Mesa Royalty Trust Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Mesa Royalty Trust's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.488	/	1.533
	=	0.97

Mesa Royalty Trust's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.115	/	0.134
	=	0.86

Mesa Royalty Trust (NYSE:MTR) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Mesa Royalty Trust Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Mesa Royalty Trust's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Mesa Royalty Trust (Mesa Royalty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mesa Royalty Trust (NYSE:MTR) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

601 Travis Street, Floor 16, Global Corporate Trust, Houston, TX, USA, 77002

Website

https://mtr.q4web.com

Mesa Royalty Trust holds net overriding royalty interests in various oil and gas properties located in the: Hugoton field of Kansas, San Juan Basin field of New Mexico, and San Juan Basin Field of Colorado.

Executives

J Taylor Crandall	10 percent owner	2775 SAND HILL RD, SUITE 220, MENLO PARK CA 94025
Bruce Robert W Iii	10 percent owner
Algenpar Inc	10 percent owner
Alpine Capital Lp	10 percent owner